Area Intelligence

CHERAS BUSINESS CENTRE

5 properties
2021
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Median Price
RM 195,000
PSF: RM 342

Residential Market

Median Price

RM 250,000

IQR: RM 54
MAD: RM 24
RM 400 PSF 12.4%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 195,000

IQR: RM 133
MAD: RM 77
RM 342 PSF 1.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

CHERAS BUSINESS CENTRE in Kuala Lumpur, Kuala Lumpur recorded 5 subsale transactions in 2021, with a median price of RM 195K and a median price per square foot (PSF) of RM 342.

This area contains both residential and commercial properties. View 3 residential properties or 41 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 195K, with most transactions falling within a stable range of RM 140K to RM 255K, and a typical market range of RM 149K to RM 241K.

Most transactions involved office lot, with moderate diversity in property types available.

Price per square foot shows a median of RM 342, though individual units vary from RM 270 to RM 414 in the core range. The broader market spans RM 282.13 to RM 401.88, indicating diverse property characteristics. The spread of RM 119.75 (IQR) and deviation of RM 72 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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CHERAS BUSINESS CENTRE, Kuala Lumpur, Kuala Lumpur

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Transactions

5 properties grouped by size

550 sqft
3 units
RM 140,000
Office Lot
527 sqft · RM 265.00 PSF
Oct 2021
RM 195,000
Office Lot
570 sqft · RM 342.00 PSF
Oct 2021
RM 190,000
Shop/Retail Lot
570 sqft · RM 333.00 PSF
Oct 2021
600 sqft
1 units Shop/Retail Lot
RM 280,000
592 sqft · RM 473.00 PSF
Dec 2021
700 sqft
1 units Shop/Retail Lot
RM 300,000
717 sqft · RM 418.00 PSF
Jul 2021